US Congress House Bill 3461 (Prior Session Legislation)

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February 1 2012 - Subcommittee Hearings Held.
Text: Latest bill text (Introduced) [PDF]

Financial Institutions Examination Fairness and Reform Act - Amends the Federal Financial Institutions Examination Council Act of 1978 to require a federal financial institutions regulatory agency to make a final examination report to a financial institution within 60 days of the later of: (1) the exit interview for an examination of the institution, or (2) the provision of additional information by the institution relating to the examination. Sets a deadline for the exit interview if a financial institution is not subject to a resident examiner program. Sets forth examination standards for financial institutions. Prohibits federal financial institutions regulatory agencies from requiring a well capitalized financial institution to raise additional capital in lieu of an action prohibited by the examination standards. Establishes in the Federal Financial Institutions Examination Council an Office of Examination Ombudsman. Grants a financial institution the right to appeal a material supervisory determination contained in a final report of examination. Requires the Ombudsman to determine the merits of the appeal on the record, after an opportunity for a hearing before an independent administrative law judge. Declares the decision by the Ombudsman on an appeal to: (1) be the final agency action, and (2) bind the agency whose supervisory determination was the subject of the appeal and the financial institution making the appeal. Amends the Riegle Community Development and Regulatory Improvement Act of 1994 to require: (1) the Consumer Financial Protection Bureau (CFPB) to establish an independent intra-agency appellate process in connection with the regulatory appeals process; and (2) appropriate safeguards to protect an insured depository institution or insured credit union from retaliation by the CFPB, the National Credit Union Administration (NCUA) Board, or any other federal banking agency for exercising its rights.

Financial Institutions Examination Fairness and Reform Act

Rep Capito, Shelley Moore	Rep Adams, Sandy	Rep Akin, W. Todd	Rep Alexander, Rodney
Rep Amash, Justin	Rep Amodei, Mark E.	Rep Austria, Steve	Rep Bachus, Spencer
Rep Barletta, Lou	Rep Benishek, Dan	Rep Berg, Rick	Rep Berkley, Shelley
Rep Biggert, Judy	Rep Bilirakis, Gus M.	Rep Black, Diane	Rep Blackburn, Marsha
Rep Bonner, Jo	Rep Boren, Dan	Rep Boswell, Leonard L.	Rep Boustany, Charles W., Jr.
Rep Braley, Bruce L.	Rep Broun, Paul C.	Rep Brown, Corrine	Rep Buchanan, Vern
Rep Buerkle, Ann Marie	Rep Calvert, Ken	Rep Camp, Dave	Rep Canseco, Francisco "Quico"
Rep Carney, John	Rep Carter, John R.	Rep Cassidy, Bill	Rep Castor, Kathy
Rep Chabot, Steve	Rep Chandler, Ben	Rep Clay, Wm. Lacy	Rep Cleaver, Emanuel
Rep Coble, Howard	Rep Coffman, Mike	Rep Cole, Tom	Rep Conaway, K. Michael
Rep Connolly, Gerald E. "Gerry"	Rep Cooper, Jim	Rep Cravaack, Chip	Rep Crawford, Eric A. "Rick"
Rep Crenshaw, Ander	Rep Critz, Mark S.	Rep Cuellar, Henry	Rep Dent, Charles W.
Rep DesJarlais, Scott	Rep Diaz-Balart, Mario	Rep Dold, Robert J.	Rep Donnelly, Joe
Rep Duffy, Sean P.	Rep Duncan, Jeff	Rep Duncan, John J., Jr.	Rep Ellmers, Renee L.
Rep Emerson, Jo Ann	Rep Farenthold, Blake	Rep Fincher, Stephen Lee	Rep Fitzpatrick, Michael G.
Rep Fleischmann, Charles J. "Chuck"	Rep Forbes, J. Randy	Rep Fortenberry, Jeff	Rep Foxx, Virginia
Rep Frelinghuysen, Rodney P.	Rep Gardner, Cory	Rep Garrett, Scott	Rep Gerlach, Jim
Rep Gibbs, Bob	Rep Gibson, Christopher P.	Rep Gosar, Paul A.	Rep Granger, Kay
Rep Graves, Sam	Rep Green, Gene	Rep Griffin, Tim	Rep Grimm, Michael G.
Rep Guthrie, Brett	Rep Gutierrez, Luis V.	Rep Hanna, Richard L.	Rep Hayworth, Nan A. S.
Rep Heck, Joseph J.	Rep Hinchey, Maurice D.	Rep Hinojosa, Ruben	Rep Huelskamp, Tim
Rep Huizenga, Bill	Rep Hultgren, Randy	Rep Hurt, Robert	Rep Jackson-Lee, Sheila
Rep Jenkins, Lynn	Rep Johnson, Bill	Rep Johnson, Timothy V.	Rep Jones, Walter B., Jr.
Rep Kelly, Mike	Rep Kildee, Dale E.	Rep King, Steve	Rep Kinzinger, Adam
Rep Kissell, Larry	Rep Kline, John	Rep Labrador, Raul R.	Rep Lance, Leonard
Rep Landry, Jeffrey M.	Rep Lankford, James	Rep Latham, Tom	Rep Latta, Robert E.
Rep LoBiondo, Frank A.	Rep Loebsack, David	Rep Lowey, Nita M.	Rep Lucas, Frank D.
Rep Lujan, Ben Ray	Rep Lummis, Cynthia M.	Rep Maloney, Carolyn B.	Rep Manzullo, Donald A.
Rep Marchant, Kenny	Rep Marino, Tom	Rep McCarthy, Carolyn	Rep McCotter, Thaddeus G.
Rep McHenry, Patrick T.	Rep McIntyre, Mike	Rep McKinley, David B.	Rep Meehan, Patrick
Rep Miller, Candice S.	Rep Miller, Jeff	Rep Moore, Gwen	Rep Myrick, Sue Wilkins
Rep Neugebauer, Randy	Rep Noem, Kristi L.	Rep Nugent, Richard	Rep Nunnelee, Alan
Rep Olson, Pete	Rep Owens, William L.	Rep Paulsen, Erik	Rep Pearce, Stevan
Rep Pence, Mike	Rep Perlmutter, Ed	Rep Peters, Gary C.	Rep Pitts, Joseph R.
Rep Poe, Ted	Rep Pompeo, Mike	Rep Posey, Bill	Rep Quigley, Mike
Rep Rahall, Nick J., II	Rep Rehberg, Denny	Rep Renacci, James B.	Rep Reyes, Silvestre
Rep Ribble, Reid J.	Rep Richmond, Cedric L.	Rep Rivera, David	Rep Rogers, Mike J.
Rep Rooney, Thomas J.	Rep Ros-Lehtinen, Ileana	Rep Roskam, Peter J.	Rep Ross, Dennis
Rep Ross, Mike	Rep Rothman, Steven R.	Rep Royce, Edward R.	Rep Scalise, Steve
Rep Schilling, Robert T.	Rep Schmidt, Jean	Rep Schock, Aaron	Rep Schrader, Kurt
Rep Schweikert, David	Rep Scott, David	Rep Scott, Tim	Rep Sherman, Brad
Rep Shimkus, John	Rep Shuler, Heath	Rep Simpson, Michael K.	Rep Sires, Albio
Rep Smith, Adrian	Rep Smith, Lamar	Rep Southerland, Steve II	Rep Stearns, Cliff
Rep Stivers, Steve	Rep Sullivan, John	Rep Terry, Lee	Rep Thompson, Glenn
Rep Thornberry, Mac	Rep Tipton, Scott	Rep Tonko, Paul D.	Rep Turner, Michael R.
Rep Walberg, Tim	Rep Walden, Greg	Rep Walsh, Joe	Rep Wasserman Schultz, Debbie
Rep West, Allen B.	Rep Westmoreland, Lynn A.	Rep Whitfield, Ed	Rep Wilson, Joe
Rep Wittman, Robert J.	Rep Wolf, Frank R.	Rep Womack, Steve	Rep Yoder, Kevin
Rep Young, Don

Date	Chamber	Action
2012-02-01	House	Subcommittee Hearings Held.
2012-01-12	House	Referred to the Subcommittee on Financial Institutions and Consumer Credit.
2011-11-17	House	Referred to the House Committee on Financial Services.

SB2160 (Related) 2012-03-06 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	http://thomas.loc.gov/cgi-bin/bdquery/z?d112:HN03461:@@@L&summ2=m&
Text	http://gpo.gov/fdsys/pkg/BILLS-112hr3461ih/pdf/BILLS-112hr3461ih.pdf